Daniel has more than 15 years of international experience both in consulting and banking. At creditshelf he is responsible for the daily business and relationships with clients and business partners. Before joining creditshelf he was with UBS Investment Bank heading institutional sales teams across fixed income and equities products while being based in Zurich and Singapore. Prior he was a management consultant for several years. He holds a Ph.D. in capital markets (University of Düsseldorf) as well as a Diplom-Kaufmann from University of Mannheim.
Demand from both investors and borrowers for dis-intermediated platform lending is at an all time in the UK and Europe but with the UK's departure from the EU, as well as a more mature stage of the economic cycle evident, how will the next phase of growth occur?
Investors are becoming reluctant to hand over cheques to smaller companies because of the lack of trust and reliability in the market.
Stéphane said it takes the same time to complete a £40m as a £40,000 deal so it is only logical to pick the bigger ticket.
The panel agreed on the importanance of transparency when it comes to online lending. Dr. Bartsch said that transparency is gradually improving and Gabriella believes if transparency is done correctly, trust will follow.
Ticket sizes are growing as companies like Creditshelf raises its threshold from €2.5m to €5m.